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Forecast update for Bitcoin -01-08-2025
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Forecast update for Bitcoin -01-08-2025
Aug 1, 2025 6:49 AM

The price of (BTCUSD) settled in its last intraday trading, due to the stability of the critical support level at $114,500, gaining some positive momentum with the emergence of positive overlapping signal on the (RSI), after reaching oversold levels, reinforcing the chances for bullish correctional rebounds on the intraday basis to offload this oversold condition, this comes amid its affection by breaking bullish trend line on the short-term basis and the dominance of bearish correctional wave.

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